Heavily trending days are lots of fun. Well... sometimes. They are typically longer trades as far as the time you're in them and you have to take a few losers to get to the next price point. January 2nd was a great day but extremely boring as we barely crest 1M contracts on the ES. My favorite...
You are correct. The gross is just that (the total that was possible in the trade) I take a minimum of two points on the winning trades and try to maximize them as best as I am able. The losing trades I will take no more than a 3 point loss, but most of the losers are cut before it every gets to...
I started this post to see what kind of responses I'd get from people. There seems to be a lot of negativity from certain people. Probably a byproduct of a disbelief that someone could actually be a successful trader. I spoke for The ICE at a recent event and the place seemed to be filled with...
Ok, so I ended up sending 6 of you my lines last night for today. And if you watched them you saw exactly how they worked. Attached is a snapshot of my chart and how they worked today. Definitely one of the bigger number of losing trades. Which I guess is perfect for the haters and skeptics. But...
Over the last 6 months I have averaged over 30 points per week on the S&P 500 eMinis. I don't win every trade, in fact I have several losers each day, and I've had 1 losing day (7.5 pts) but I am up a minimum of 30 points each week. Attached is a snapshot of my chart for today and the price...